Blog & News: Vancouver Real Estate Market

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Posted in Attached Homes, BC Home Sales, BC Housing Market, BC Real Estate, Covid, Covid-19 House Price Survey, Detached Homes, Greater Vancouver, Greater Vancouver Market Updates, Home Buyers, Home Owners, Market Data, Metro Vancouver, MLS, Multiple Listing Service, Real Estate Board of Greater Vancouver, Real Estate Sales, Real Estate Statistics, REBGV, Statistics Package

In September 2020 the Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 3,643. This is a 56.2% increase from the 2,333 sales recorded in September...

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Posted in Attached Homes, Canada Home Prices, Canada Homes, Covid-19 Data, COVID-19 impact on home prices, Customers, Detached Homes, Federal Government Programs, Financial Fitness, Home Buyer, Home Owners, Home Prices, Homebuying Trends, Real Estate, Real Estate Surveys, Survey Results, Survey Statistics

In partnership with Environics, Genworth Canada is excited to share the results of their recent Homeownership and Financial Fitness Study.

Homeownership and Financial Fitness Study

Prior to COVID-19, Canadians and Canadian homeowners were showing...

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Posted in Attached Homes, BC Home Sales, Bungalow, Condominium, Demand, Detached Homes, Greater Vancouver, Home Buyers, Home Owners, Impact of COVID-19 on housing, Metro Vancouver, Properties For Sale, Real Estate Forecast, Real Estate Forecast, Real Estate Sales, Real Estate Statistics, Royal LePage, Second Quarter Statistics, Supply, The New Normal, Vancouver Real Estate

Royal LePage revises Canadian home price forecast upwards to 2.3% by year-end 2020, as low rates and pent-up demand face limited housing supply.

Real Estate Second Quarter Statistics 2020

What does this mean for Greater Vancouver?

In the second...

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Posted in Attached Homes, BC Home Sales, BCREA, BCREA Forecast, British Columbia Real Estate Association, Covid-19 impact on home prices, Detached Homes, Greater Vancouver, Home Buyers, Home Owners, Housing Forecast, Metro Vancouver, MLS, Multiple Listing Service, Pandemic, Real Estate Market Forecast, Recession, Residential Sales

The British Columbia Real Estate Association (BCREA) has released its 2020 Second Quarter Forecast. According to the release, a 21% decline in Multiple Listing Service® (MLS®) residential sales...

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Posted in Active Listings, Attached Homes, BC Home Prices, Benchmark Price, Covid-19 Housing Market Update, Detached Homes, Greater Vancouver, Home Buyers, Home Owners, Housing Market, Metro Vancouver, Multiple Listing Service, Real Estate Board of Greater Vancouver, Real Estate Market Update, Real Estate Sales, Real Estate Statistics, REBGV, Residential Housing Market

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver today is $1,028,400 according to The Real Estate Board of Greater Vancouver (REBGV). This is virtually...

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Posted in Active MLS Listings, Apartment Homes, Attached Homes, BC Home Prices, BC Home Sales, Benchmark Price, Covid-19 impact on home prices, Detached Homes, Greater Vancouver, Greater Vancouver Real Estate, Metro Vancouver, MLS, Multiple Listing Service, Real Estate Board of Greater Vancouver, Real Estate Sales, REBGV, Residential Home Sales

In April 2020, the residential home sales in the region totaled 1,109 as per the Real Estate Board of Greater Vancouver (REBGV). This is a 39.4% decrease from the 1,829 sales recorded in April 2019 and...

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Posted in Attached Homes, BC Home Sales, BCREA, British Columbia Real Estate, Covid-19 Housing Market Update, Detached Homes, Greater Vancouver, Home Owners, Housing Market Update, Interest Rates, Metro Vancouver, MLS, Multiple Listing Service, Provincial Housing Market, Real Estate Statistics, Residential Price, Residential Sales

In March 2020, the British Columbia Real Estate Association (BCREA), reported a total of 6,717 residential unit sales recorded by the Multiple Listing Service® (MLS®). This is a 17.2% increase from...

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Posted in 2020 market report, Attached home, Benchmark price, COVID-19 impact, Detached homes, Greater Vancouver, Home Price Index, Housing market, Impact of COVID-19 on housing, Market forecast, Metro Vancouver, Real Estate Board of Greater Vancouver, Real estate market update, Real estate sales, REBGV

The beginning of March saw a steady buyer demand in Metro Vancouver's housing market and a levelling off of activity as the month went on and concerns about the COVID-19 outbreak intensified.

COVID-19 impact on home buying and selling

According...

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